Yesterday after the market close, Stephen Mandel's hedge fund firm Lone Pine Capital filed a 13G on Estee Lauder (EL). This filing discloses activity as of June 17th, 2010 and reveals that Lone Pine has a 5.0% ownership stake in EL with 6,105,520 shares. This is a sizable increase in their position from when we last looked at Lone Pine's portfolio . Back on March 31st, Mandel's hedge fund owned 3,498,677 shares. Over the course of the past three months, Lone Pine has added 2,606,843 more...
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